Manhattan Chamber Of Commerce Inc
- Assets
- $5.0m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 17
- Location
- Manhattan, KS
- Founding
- 11/1934
- Data as of
- 12/2022
- EIN
- 48-0319620
Organization Overview
Manhattan Chamber Of Commerce Inc is located in Manhattan, KS. The organization was established in 1934. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Manhattan Chamber Of Commerce Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manhattan Chamber Of Commerce Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Manhattan Chamber Of Commerce Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $3.4m during the year ending 12/2022. While expenses have increased by 3.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Manhattan Chamber Of Commerce Inc has awarded 29 individual grants totaling $327,030. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATE A POSITIVE ENVIRONMENT FOR BUSINESS SUCCESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTION AND VISITORS BUREAU PROVIDES FUNDS FOR: 1. CONVENTION MARKETING, 2. CONVENTION SERVICES, 3. TOURISM DEVELOPMENT, 4. LAKE DEVELOPMENT
ECONOMIC DEVELOPMENT PROVIDES FUNDS FOR : 1. INDUSTRIAL PROMOTION, 2. INDUSTRIAL MARKETING, 3. SERVICE AND RETAIL DEVELOPMENT, 4. INDUSTRIAL PARK DEVELOPMENT, 5. UNIVERSITY DEVELOPMENT
GREATER MANHATTAN ECONOMIC PARTNERSHIP
KANSAS ENTREPRENEURIAL CENTER, HYPE, MILITARY RELATIONS, REGION REIMAGINED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Smith President/ceo | Officer | 45 | $219,904 |
Summer Ott Dierks Chair | OfficerTrustee | 5 | $0 |
Mark Knackendoffel Chair Elect | OfficerTrustee | 5 | $0 |
Mark Bachamp Past Chair | OfficerTrustee | 5 | $0 |
Stacy Kohlmeier Vice Chair | OfficerTrustee | 5 | $0 |
Jake Wassenberg Treasurer | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trinium Facility Improvements At Kec | 12/30/15 | $203,234 |
Sunflower Publishing Visitor Guide Publishing | 12/30/15 | $108,193 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $407,390 |
| Fundraising events | $0 |
| Related organizations | $108,000 |
| Government grants | $1,711,555 |
| All other contributions, gifts, grants, and similar amounts not included above | $306,973 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,533,918 |
| Total Program Service Revenue | $495,675 |
| Investment income | $28,919 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,071,160 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,791 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $219,904 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $935,383 |
| Pension plan accruals and contributions | $30,169 |
| Other employee benefits | $100,482 |
| Payroll taxes | $86,289 |
| Fees for services: Management | $3,000 |
| Fees for services: Legal | $955 |
| Fees for services: Accounting | $8,601 |
| Fees for services: Lobbying | $24,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $79,356 |
| Advertising and promotion | $826,710 |
| Office expenses | $88,601 |
| Information technology | $140,983 |
| Royalties | $0 |
| Occupancy | $178,683 |
| Travel | $47,277 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $515,679 |
| Interest | $10,029 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $111,624 |
| Insurance | $2,742 |
| All other expenses | $0 |
| Total functional expenses | $3,444,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,818,879 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,155,070 |
| Accounts receivable, net | $200,418 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,088 |
| Net Land, buildings, and equipment | $786,348 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,962,803 |
| Accounts payable and accrued expenses | $43,725 |
| Grants payable | $0 |
| Deferred revenue | $25,053 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $210,873 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $40,476 |
| Total liabilities | $320,127 |
| Net assets without donor restrictions | $1,852,119 |
| Net assets with donor restrictions | $2,790,557 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,962,803 |
Grants Awarded
Over the last fiscal year, Manhattan Chamber Of Commerce Inc has awarded $15,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Cottonwood Falls, KS PURPOSE: CONVENTION AND VISITORS BUREAU SPONSORSHIP - TO PROVIDE PROMOTIONAL SUPPORT FOR THE ORGANIZATION'S EVENT(S) | $10,000 |
Manhattan, KS PURPOSE: CONVENTION AND VISITORS BUREAU SPONSORSHIP - TO PROVIDE PROMOTIONAL SUPPORT FOR THE ORGANIZATION'S EVENT(S) | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Manhattan Chamber Of Commerce Inc has recieved totaling $77,340.
| Awarding Organization | Amount |
|---|---|
Manhattan Retirement Foundation Inc Manhattan, KS PURPOSE: CHAMBER ADVANTAGE MANHATTAN CAMPAIGN | $50,000 |
Kansas State University Foundation Manhattan, KS PURPOSE: SUPPORT | $22,340 |
New York University New York, NY PURPOSE: SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
Mountain States Employers Council Inc Denver, CO | $41,916,661 | $36,504,782 |
Vail Valley Foundation Inc Avon, CO | $22,993,237 | $18,789,291 |
National Biodiesel Board Jefferson City, MO | $12,011,947 | $15,134,555 |
Scrum Alliance Inc Westminster, CO | $46,979,666 | $21,000,085 |
Investment Management Consultants Assn Inc Greenwood Village, CO | $30,192,603 | $13,414,601 |
International Association Of Certified Home Inspectors Boulder, CO | $7,671,295 | $15,005,233 |
International Association For The Study Of Lung Cancer Denver, CO | $23,299,078 | $13,685,313 |
National Association Of Electrical Distributors St Louis, MO | $12,015,051 | $10,580,917 |
Nutech Ventures Lincoln, NE | $5,844,401 | $7,636,320 |
Renewable Fuels Association Ellisville, MO | $2,944,429 | $6,762,820 |
Wholesale And Specialty Insurance Association Kansas City, MO | $18,822,965 | $8,866,065 |